TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector

Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...

Texas Instruments Reports Earnings Today. What to Expect.

Texas Instruments will be the first major semiconductor company to report this third-quarter earnings season after the close on Tuesday. While investors are worried about the chip industry as it faces...

Intel earnings: Layoffs and margin pressure could overshadow Mobileye IPO

Intel Corp. must contend this week with an earnings report that notably lacked a formal pre-announcement, a bleaker-than-expected PC market and rumored layoffs, which will likely overshadow the initia...

Residential housing demand ‘cratered’ as mortgage rates spiked, analyst says

Raymond James analyst Buck Horne lowered ratings on all of the home-builder stocks he covers, as he believes the recent “relentless” climb in mortgage rates has ensured a housing recession. “Interest ...

Big Investor Bought Nvidia and Rivian Stock. It Sold Ford and GM.

A large European asset manager has made big changes in its largest U. S-traded stock investments, specifically in auto manufacturers and a chip maker. DNB Asset Management, a unit of Norway’s largest ...

2 Chip Equipment Stocks to Buy on the Dip, According to an Analyst

Text size The stocks of both Applied Materials and ASML have fallen more than 40% this year. Paul Morris/Bloomberg It has been a terrible year for chip equipment stocks. But based on history, prices i...

Nvidia’s Business ‘Very Close to the Bottom,’ Says Analyst

Text size Piper Sandler analyst Harsh Kumar notes chip maker Nvidia is making progress in working down its oversupply at retailers. Dreamstime Piper Sandler believes Nvidia stock is about to make a co...

Buy BP and Exxon Stock. They Have a Surprisingly Green Future.

Just two years ago, the world’s giant oil producers seemed to be going the way of the typewriter industry. No one wanted oil—the price of a barrel fell below zero early in the pandemic. Exxon Mobil st...

Big Tech Earnings Are Coming. 5 Key Things to Watch.

Brace yourself. This coming week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them— Alphabet Microsoft Meta Platforms Apple Amazon.com an...

These 27 stocks can give you a more diversified portfolio than the S&P 500 — and that’s a key advantage right now

You probably already know that because of market-capitalization weighting, a broad index such as the S&P 500 SPX, -0.80% can be concentrated in a handful of stocks. Index funds are popular for goo...

Intel reportedly to start ‘targeted’ layoffs in November

Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of markets Thursday, The Oreg...

Buffett’s Berkshire Hathaway closes $11.6 billion purchase of Alleghany insurance group

OMAHA, Neb. — Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate. The purchase announced in March wil...

Generac stock rocked after profit warning due to weakness in home generator business

Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing press...

Generac Stock Is Tumbling. Sales Have Slowed, and Inventory Is Piling Up.

The second half of the year isn’t going as well as standby-power company Generac Holdings expected. Channel inventories are hurting sales, and that is crushing shares. Still, there should be brighter ...

Apple Earnings Are Next Week. What to Watch.

When Apple reports financial results for its fiscal fourth quarter next Thursday, the most crucial question will be whether the company is seeing signs of strain from the softening consumer economy. P...

Boeing’s 737 MAX Jet Faces Another Setback

One version of Boeing’s 737 MAX jet faces certification delays, according to a media report. Investors seem to be inured to negative MAX news as of late. The Federal Aviation Administration’s review p...

Foxconn Unveils EVs. The Apple iPhone Maker Is Pushing Into the Car Business.

Not all car companies want to build their own vehicles anymore. The reason is that they don’t have to. Tuesday, the contract manufacturer Hon Hai Precision Industry (Taiwan), an Apple (ticker: AAPL) i...

Tesla Could Be a ‘Zombie Stock’ as Interest Rates Rise

A longtime pessimist about Tesla says the shares could be headed for what he calls “zombie stock” territory. David Trainer, CEO of stock research firm New Constructs, who wrote in August 2013 that Tes...

These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...

New England Risks Winter Blackouts as Gas Supplies Tighten

Listen to article (2 minutes) New England power producers are preparing for potential strain on the grid this winter as a surge in natural-gas demand abroad threatens to reduce supplies they need to g...

McDonald’s and A.O. Smith Declare Dividend Increases

Text size Chernetskaya/Dreamstime.com McDonald’s and A.O. Smith declared dividend increases this week in an otherwise quiet stretch on that front for large U.S. companies. McDonald’s (ticker: MCD) pla...

Shortages Have Turned to Gluts. These Stocks Could Benefit.

Shortages have turned into surpluses—and that’s bad news for goods producers and sellers everywhere. Still, there are some companies that could buck the trend. Companies like Nike (ticker: NKE) and Mi...

Kroger Pauses Buybacks to Prioritize Debt Reduction After Albertsons Deal Closes

Grocery giant Kroger Co. is pausing share buybacks ahead of its planned acquisition of rival Albertsons Cos. Inc., aiming to use the additional cash to reduce its debt as it closes one of the biggest ...

American Executives in Limbo at Chinese Chip Companies After U.S. Ban

SINGAPORE—American workers hold key positions throughout China’s domestic chip industry, helping manufacturers develop new chips to catch up with foreign rivals. Now, those workers are in limbo under ...

Plug Power Stock Drops On Revenue Shortfall

Plug Power stock fell on Friday after the fuel-cell company said its annual revenue would be lower than expected because of supply-chain problems. Revenue for 2022 will be 5% to 10% lower than the $90...

Airline Stocks Have Struggled. Here Are a Few Highfliers.

Some airline stocks trade at five times projected earnings. Why so expensive, you might be wondering. The group’s reputation on capital preservation at the moment ranks somewhere between damaged and U...

Boeing May Score a Big Order. The Stock Needs Good News.

Longtime readers will remember the erstwhile heyday of CatBo, when Boeing and Caterpillar ruled the Dow Jones Industrial Average Yet over the past five years, it is Caterpillar that has taken off, out...

‘The mood has turned darker’: Desperate to outrun inflation, people are making big (and easy) changes to their habits. You can too.

We never were the same after last summer. Stubbornly high inflation rates in recent months and several interest rate hikes by the U.S. Federal Reserve are impacting consumer behavior. That’s according...

TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China

Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...

Taiwan Semi reports stronger-than-forecast profit

Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...

U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker

BEIJING–U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grap...

5 Chip Stocks for Investors Who Want to Buy the Dip

Text size Cowen has a $70 price target for Marvell Technology Remusrigo/Dreamstime It has been a rough year for chip stocks, but investors should look beyond short-term weakness. Five semiconductor st...